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Under Armour: Digital Health Purchases To Hit Already Expensive Valuation
2015-02-06 13:52:38| Footwear - Topix.net
The performance athletic gear designer announced a big push into digital health with the acquisition of two fitness apps that combined for 100 million registered users. The company guided down 2015 income growth rates due to the higher operating expenses from the acquisitions and the currency headwinds.
Tags: health
digital
hit
expensive
Category:Consumer Goods and Services